SIC Code 7389-21 - Business Development
Marketing Level - SIC 6-DigitUse Data For:
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Total Companies
862100% Phone-Verified, NCOA Processed, Accurate Data
SIC Code 7389-21 Description (6-Digit)
Business Development is a strategic process that involves identifying and pursuing new business opportunities to help a company grow and expand its market share. This industry focuses on creating long-term value for a company by building relationships with potential clients, partners, and investors. Business Development professionals work to identify new markets, develop new products and services, and establish partnerships that can help a company achieve its growth objectives. This industry requires a deep understanding of market trends, customer needs, and competitive landscapes to create effective strategies that can drive business growth.
Hierarchy Navigation for SIC 6-Digit Code 7389-21
Parent Code (less specific)
Tools
- Customer Relationship Management (CRM) software
- Market research tools
- Sales automation software
- Business intelligence tools
- Social media management tools
- Email marketing software
- Proposal and contract management software
- Networking tools
- Lead generation tools
- Competitive analysis tools
Industry Examples of Business Development
- Strategic partnerships
- Market expansion
- Product development
- Sales growth
- Brand awareness
- Investment opportunities
- Joint ventures
- Mergers and acquisitions
- Channel development
- Customer acquisition
SIC Code 7389-21 - Business Development
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